43, PARK ROAD, WATFORD, WD17 4QW - £1,150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 PARK ROAD is a very large extended semi-detached house of 202m², built sometime before 1900, which could now be worth an estimated £1,349,714. It was last sold for £1,150,000 in March 2020, which was around 162% above the average March 2020 semi-detached price in the Watford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

43 PARK ROAD Sold Prices

Land registry data shows two sales for 43 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. Both of the two 43 PARK ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 26 MAR	£1,150,000	£439,043	162% above HPI
1999 18 NOV	£349,000	£121,972	186% above HPI

43 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The two 43 PARK ROAD sales from November 1999 and March 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1999 sale was for 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the March 2020 sale, where it falls to 162% above the HPI. The line then continues to track at 162% above the HPI.

What might 43 PARK ROAD be worth now?

43 PARK ROAD might now be worth an estimated £1,349,714.

This is based on house price inflation of 17.4%, between March 2020 and February 2025, for semi-detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 43 PARK ROAD of £1,150,000 on 26th March 2020. For the value to have increased from £1,150,000 to £1,349,714 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 43 PARK ROAD has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The March 2020 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 43 PARK ROAD has not materially changed since March 2020.

How Large is 43 PARK ROAD?

43 PARK ROAD is 202m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 43 PARK ROAD lies on this distribution: 86% of semi-detached houses houses are smaller than 43 PARK ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Watford.

43 PARK ROAD: Plot and Title Map

43 PARK ROAD sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 43 PARK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 43 PARK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 43 PARK ROAD?

43 PARK ROAD is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 43 on PARK ROAD.